COUNTRIES AND JURISDICTIONS

China, People's Republic of

On April 2, 2007 Citi China became a locally incorporated bank in China, one of the first foreign banks to do so. As a locally incorporated bank, Citi China’s legal name is Citibank (China) Co., Ltd. (“CCCL”) and is fully owned by its parent, Citibank N. A. Citigroup Tower, Shanghai.

In 2017, Citi China was selected as an official Bond Connect Trading Dealer, received Type A Bond Settlement Agent license from the People’s Bank of China and license from the National Association of Financial Market Institutional Investors to underwrite corporate bonds in China’s interbank bond market.

On September 29, 2013, Citi China was among the first batch of banks in China to receive regulatory approval to prepare for a sub-branch in the China (Shanghai) Pilot Free Trade Zone (“FTZ”). Citi’s FTZ sub-branch officially opened March 12, 2014.

On September 19, 2012, Citi China announced that it has issued its first Citi sole-branded credit card in China. Citi is the first global bank to issue a Citi sole-branded credit card in China. It has since introduced Citi Prestige, Citi PremierMiles and Citi Rewards Cards.

On August 6, 2012, Citigroup Global Markets Asia and Orient Securities Company Ltd. Announced the launch of a securities joint venture to engage in investment banking business in the Chinese domestic market.

Institutional Clients Group

Citi China is committed to the development of the local market and has established extensive relationships with local businesses. Leveraging the global network, Citi has completed a series of landmark transactions to support the strategic needs of Chinese companies.

Global Consumer Banking

Citi Consumer Bank has continued upholding the bank’s unique global network, premium brand, distinctive products and service essential to serving the affluent and emerging affluent segments. Operating in one of the most advanced digital ecosystems worldwide, China GCB continue to roll out features from our core platforms leveraging Citi’s global FinTech developments as well as building the linkages with key local partners to provide clients their desired path to access our products and services.

Citi Lending Companies

Citi was the first international bank in China to introduce the lending company model to provide financial services to smaller towns and counties in China, with four lending companies located in Gong’an, Chi’bi of Hubei, Wafangdian of Dalian and Beibei of Chongqing.

Citigroup Services and Technology (China) Limited (CSTC)

CSTC provides financial-related operation and technology services for Citi globally, including software development and technology support for Citi worldwide and data-processing services for Citi in the Asia-Pacific region. CSTC is headquartered in Shanghai, with offices in Dalian and Guangzhou.

Honors

The Asset
2015-2017, Best Bank-Global, Best Corporate and Institutional BankGlobal
2007-2014, Best Bank in China